Shenzhen Silver Basis Technology Balance Sheet Health
Financial Health criteria checks 1/6
Shenzhen Silver Basis Technology has a total shareholder equity of CN¥448.7M and total debt of CN¥1.8B, which brings its debt-to-equity ratio to 399.9%. Its total assets and total liabilities are CN¥4.0B and CN¥3.5B respectively.
Key information
399.9%
Debt to equity ratio
CN¥1.79b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥95.01m |
| Equity | CN¥448.65m |
| Total liabilities | CN¥3.52b |
| Total assets | CN¥3.96b |
Recent financial health updates
We Think Shenzhen Silver Basis Technology (SZSE:002786) Has A Fair Chunk Of Debt
Aug 02
Does Shenzhen Silver Basis Technology (SZSE:002786) Have A Healthy Balance Sheet?
Feb 29Recent updates
We Think Shenzhen Silver Basis Technology (SZSE:002786) Has A Fair Chunk Of Debt
Aug 02Why Investors Shouldn't Be Surprised By Shenzhen Silver Basis Technology Co., Ltd.'s (SZSE:002786) 27% Share Price Plunge
Jun 06Shenzhen Silver Basis Technology Co., Ltd.'s (SZSE:002786) 36% Share Price Surge Not Quite Adding Up
Mar 04Does Shenzhen Silver Basis Technology (SZSE:002786) Have A Healthy Balance Sheet?
Feb 29Financial Position Analysis
Short Term Liabilities: 002786's short term assets (CN¥1.7B) do not cover its short term liabilities (CN¥3.0B).
Long Term Liabilities: 002786's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥514.9M).
Debt to Equity History and Analysis
Debt Level: 002786's net debt to equity ratio (378.7%) is considered high.
Reducing Debt: 002786's debt to equity ratio has increased from 114.9% to 399.9% over the past 5 years.
Debt Coverage: 002786's debt is not well covered by operating cash flow (2.1%).
Interest Coverage: Insufficient data to determine if 002786's interest payments on its debt are well covered by EBIT.